La-Z-Boy Incorporated (NYSE:LZB) will begin trading ex-dividend on September 2, 2020. The quarterly dividend payment of $ 0.07 per share is scheduled to be paid on September 15, 2020. The dividend yield based on the latest trading day closing price was 0.84 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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La-Z-Boy Incorporated recently reported first quarter financial results on August 18, 2020, after market close, the Monroe based company unwinded income for the first quarter of $ 0.18 per share, from the revenue of $ 285.46 million. The quarterly earnings reduced 57.14 percent while revenues decreased 31.37 percent compared with the same quarter last year.
The consensus estimates are loss of $ 0.13 per share from $ 289.74 million in revenue. The bottom line results beat street analysts by $ 0.31 or 238.46 percent, at the same time, top line results fell short of analysts by $ 4.28 million or 1.48 percent.
Stock Performance
Shares of La-Z-Boy Incorporated traded low $ -0.06 or -0.18 percent on Friday, reaching $ 33.21 with volume of 266.10 thousand shares. La-Z-Boy Incorporated has traded high as $ 33.72 and has cracked $ 33.02 on the downward trend
According to the previous trading day, closing price of $ 33.21, representing a 113.13 % increase from the 52 week low of $ 15.61 and a 11.23 % decrease over the 52 week high of $ 37.48.
The company has a market capital of $ 1.53 billion and is part of the Consumer Cyclical sector and Home Furnishings & Fixtures industry.
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. It operates through Upholstery, Casegoods, and Retail segments. The Upholstery segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas.
